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Anticipated Economic Slowdown Will Increase Fraudulent Activities Against Fleets

What does a predicted economic downturn mean for future business activity? As consumer vehicle repossessions increase, so too should insurance fraud. Here's why fleets need to watch out for staged accidents.

Staff
StaffEditorial
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December 20, 2022

The 126th State of the Fleet Industry video produced by Automotive Fleet offers insights into the state of the fleet market.


🎙Today's topics include:

  • Various indicators seem to point to a slowdown in the national economy in calendar-year 2023.

  • One consequence to an economic slowdown is an increase in fraudulent staged crashes.

  • The No. 1 type of insurance fraud committed against company vehicles, in terms of total dollar value, is fraudulent staged crashes.

  • Examined are the four most common staged accidents and recommendations on what company drivers should do if they are the victim of a fraudulent accusation.

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Topics:State of the Fleet Industryfleet managersInsurance FraudOperations
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